|Former Sloan Valve Company Plant
4300 West Lake Street, Chicago, Illinois
Info & Philosophies
What is a Brownfield?
Brownfield properties are defined as “abandoned, idled, or under
used industrial and commercial facilities/sites where expansion or redevelopment
is complicated by real or perceived environmental contamination”.
The regulatory climate has shifted over the past few years from one that
was more adversarial in scope — that emphasized command-and-control
practices — to one that is focused on risk-based, practical strategies.
It makes no practical sense to develop a gas station on the site of a
former gas station with the stringent standards required if the site were
to be redeveloped as a day care center. Environmental risk is now tied
to the prospective end-use of a site.
Preparing brownfield sites for productive reuse requires
the integration of many elements — real estate and financing issues,
liability considerations, environmental assessments and remediation, compliance
with regulatory requirements, and diligent coordination among various
What We Do
Kingfisher Group is an environmental consultant and developer that assists
owners, municipalities and prospective purchasers in coordinating and
delivering the various components in brownfield redevelopment. Learn more
about our comprehensive services.